Here Comes The Next Great Depression – Mike Maloney

Published on Feb 3, 2014 by whygoldandsilver

“The only thing that is expanding in debt – is government debt. This is a very dangerous situation, the larger government grows compared to the GDP the more frictional jobs there are in an economy that don’t produce goods and services that you and I buy. That basically extinguishes economic energy, it brings about less prosperity, not more.”

– Mike Maloney, January 20 2014

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